Economic News and Analysis
Economic News
BusinessBloombergOil Extends Losing Streak as Failed Rebound Hardens Bearish Mood
(Bloomberg) -- Oil extended declines to hover near a five-month low as a brief relief rally fizzled, with low-conviction trading and mounting concerns about excess supplies leaving algorithmic traders calling the shots. Most Read from BloombergElon Musk's SpaceX Valued at $175 Billion or More in Tender OfferWall Street’s AI Craze Drives Nasdaq 100 Up 1.5%: Markets WrapApple Readies New iPads and M3 MacBook Air to Combat Sales SlumpCarlyle’s Rubenstein Is in Talks to Acquire Baltimore OriolesHarv
BusinessBloombergBond Traders to Face a Reality Check With Friday’s Jobs Report
(Bloomberg) -- Bond traders who powered a ferocious rally in the $26 trillion US Treasury market are about to find out if they’ve gotten ahead of themselves.Most Read from BloombergElon Musk's SpaceX Valued at $175 Billion or More in Tender OfferWall Street’s AI Craze Drives Nasdaq 100 Up 1.5%: Markets WrapApple Readies New iPads and M3 MacBook Air to Combat Sales SlumpCarlyle’s Rubenstein Is in Talks to Acquire Baltimore OriolesHarvard, Penn Heads Walk Back Genocide Answers After BacklashSoften
BusinessYahoo FinanceNew bank rules could push mortgage rates up 30%: Analyst
New rules that would require banks to keep more cash on hand could hurt US homebuyers, one expert says.
